Blackrock Muniyield Valuation

MIY Fund  USD 11.74  0.09  0.77%   
At this time, the entity appears to be fairly valued. Blackrock Muniyield shows a prevailing Real Value of $11.73 per share. The current price of the fund is $11.74. We determine the value of Blackrock Muniyield from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued funds and dropping overvalued funds since, at some point, fund prices and their ongoing real values will blend.
Fairly Valued
Today
11.74
Please note that Blackrock Muniyield's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Blackrock Muniyield shows a prevailing Real Value of $11.73 per share. The current price of the fund is $11.74. We determine the value of Blackrock Muniyield from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued funds and dropping overvalued funds since, at some point, fund prices and their ongoing real values will blend.
Since Blackrock Muniyield is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Blackrock Fund. However, Blackrock Muniyield's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  11.74 Real  11.73 Hype  11.74 Naive  11.74
The intrinsic value of Blackrock Muniyield's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Blackrock Muniyield's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
11.73
Real Value
12.25
Upside
Estimating the potential upside or downside of Blackrock Muniyield Mi helps investors to forecast how Blackrock fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Blackrock Muniyield more accurately as focusing exclusively on Blackrock Muniyield's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
11.5511.6511.75
Details
Hype
Prediction
LowEstimatedHigh
11.2211.7412.26
Details
Potential
Annual Dividend
LowForecastedHigh
0.010.010.01
Details

Blackrock Muniyield Total Value Analysis

Blackrock Muniyield Mi is now forecasted to have company total value of 612.83 M with market capitalization of 366.51 M, debt of 272.81 M, and cash on hands of 13.69 K. Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the Blackrock Muniyield fundamentals before making security assessment based on enterprise value of the company
  Takeover PriceMarket CapDebt ObligationsCash
612.83 M
366.51 M
272.81 M
13.69 K

Blackrock Muniyield Asset Utilization

One of the ways to look at asset utilization of Blackrock is to check how much profit was generated for every dollar of assets it reports. Blackrock Muniyield Mi utilizes its assets nearly 1.86 percent, earning $0.0186 for each dollar of assets held by the entity. A positive asset utilization signifies that the company is slightly more effective with each dollar of assets it shows. Put another way, asset utilization of Blackrock Muniyield shows how effective it operates for each dollar spent on its assets.

Blackrock Muniyield Ownership Allocation

Blackrock Muniyield holds a total of 29.52 Million outstanding shares. Almost 83.79 percent of Blackrock Muniyield outstanding shares are held by general public with 16.21 % by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the entity is less than the current market value, you may not be able to make money on it.

Blackrock Muniyield Profitability Analysis

The company reported the last year's revenue of 25.11 M. Reported Net Loss for the year was (53.51 M) with profit before taxes, overhead, and interest of 25.11 M.

Blackrock Muniyield Past Distributions to stockholders

About Blackrock Muniyield Valuation

Our relative valuation model uses a comparative analysis of Blackrock Muniyield. We calculate exposure to Blackrock Muniyield's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Blackrock Muniyield's related companies.
BlackRock MuniYield Michigan Quality Fund, Inc. is a closed-ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade, long-term municipal obligations exempt from federal income taxes and Michigan income taxes. BlackRock MuniYield Michigan Quality Fund, Inc. was formed on October 30, 1992 and is domiciled in the United States.
Blackrock Muniyield's stock price is the clearest measure of market expectations about its performance. Without stock valuation, investors cannot independently discern whether Blackrock Muniyield's value is low or high relative to the company's performance and growth projections. Determining the market value of Blackrock Muniyield can be done in different ways, such as multiplying its stock price by its outstanding shares.
A single share of Blackrock Muniyield represents a small ownership stake in the entity. As a stockholder of Blackrock, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.

Blackrock Muniyield Dividends Analysis For Valuation

Please note that Blackrock Muniyield has scaled down on payment of dividends at this time.
There are various types of dividends Blackrock Muniyield can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of Blackrock shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from Blackrock Muniyield Mi directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When Blackrock pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of Blackrock Muniyield by the value of the dividends paid out.

Other Information on Investing in Blackrock Fund

Blackrock Muniyield financial ratios help investors to determine whether Blackrock Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Blackrock with respect to the benefits of owning Blackrock Muniyield security.
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